HI
Hey Len!
Not spoken for ages, hope you are well?
Yep, a vertical learning curve, amazing when you Franchise you think you will be well looked after, ah well.
But, in retrospect I am kind of happy I ended up -£72,000 in debt. Not because of the amazing pressure it put on me & my family but of the financial education that I cannot get anywhere else, no business school can give the education losing a business can.
This is why I had to start my cleaning business with £50, always tough starting a business with nothing. Although I have only turned over about £72,000 in 3 years I am quite proud of myself for that acheivement, it is a great ROI.
Now I analyze everything business wise, is it worth it? what return can I expect?
How soon til I get my money back? Can I really afford it?
About 3 weeks after I lost my business I read a book that changed my life, it's called ' RICH DAD, POOR DAD by Robert Kiyosaki.
I cannot recommend this book enough, 4 months after reading it I was back in business and still in it.
Regards
Martin